Which Is The Best Silver To Buy?

Silver comes in many shapes and sizes. A wide variety of coins and bars are available in the market. While they may differ in physical appearance the purity of silver in all forms is 99.9%.
Governments, private companies and banks, all make use of 99.9 percent purity for their silver coins and bars. So it does not matter on which corner of the earth your silver coin was minted. The intrinsic value of the coin remains the same. The only exception to this is for silver coins and bars made in Canada which is fanatic about the purity of their silver. Their silver coins and bars boast a purity of 99.99 percent.
However, the metal value is not the only factor deciding the prices on silver coins or bars. The rarity, the year in which it was minted also plays prominent role in deciding the price of your silver coins. As a book is not only priced by the number of pages it holds, similarly silver prices of coins are not only decided by their metal value. The value of a coin doubles over many times, depending on its rarity and scarcity.
The type of silver to be bought largely depends on the purpose and the type of buyer. Investors on the lookout for immediate profits by investing in the market will have to invest in silver coins which have a high premium over spot price. Inlaid coins, proofs, art versions of ordinary or unusual silver coins are the best bet for such investors. Some of the collector's coins that are not much in the market today may lead to significant gains in the future. Small buyers will have to invest in small silver coins and thin silver bars. This may not make them rich but can be useful when they appreciate over time and can be sold at a profitable sum.
Large-buyers often invest in silver for it to act as an anti-inflation fund. For such customers, 1 kilogram, 100 ounce, and 1,000 ounce bars are the best options to buy. It may be safer to store this silver with you as banks have been known to defraud in times of economic upheaval. For silver collectors, the price is not what matters the most. They invest because they appreciate and value and the beauty of the metal itself. They can buy whatever form of silver they like. At the most they will lookout to the make their collection more complete.
The author is an experienced writer in silver market, mining & stocks, who periodically writes articles related to silver prices, silver spot price including tips on investment in silver